VTLE Stock Summary and Trading Ideas (Vital Energy Common Par Value $0.01 Per Share | NYSE:VTLE)

Vital Energy is an independent energy company. Its business is focused on the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas. The Company has identified one operating segment: exploration and production.

Vital Energy Common Par Value $0.01 Per Share trades on the NYSE stock market under the symbol VTLE.

As of April 19, 2024, VTLE stock price climbed to $53.79 with 642,637 million shares trading.

VTLE has a beta of 0.42, meaning it tends to be less sensitive to market movements. VTLE has a correlation of 0.01 to the broad based SPY ETF.

VTLE has a market cap of $1.97 billion. This is considered a Small Cap stock.

Last quarter Vital Energy Common Par Value $0.01 Per Share reported $445 million in Revenue and $2.55 earnings per share. This beat revenue expectation by $4 million and exceeded earnings estimates by $.11.

The top ETF exchange traded funds that VTLE belongs to (by Net Assets): IJR, XOP, VTI, IWM, AVUV.

VTLE stock has underperformed the market in the last year with a return of +8.4%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in VTLE shares. However, VTLE has outperformed the market in the last 3 month and 2 week periods, returning +30.0% and -1.7%, while SPY returned +4.3% and -3.5%, respectively. This indicates VTLE has been having a stronger performance recently.

VTLE support price is $52.12 and resistance is $54.40 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VTLE stock will trade within this expected range on the day.